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Category: Stocks

Bybit Wins Dubai VASP License, but Derivatives Must Wait

Bybit Wins Dubai VASP License, but Derivatives Must Wait

TLDR Bybit secured a full Dubai VASP license covering spot cryptocurrency trading services. The exchange plans to expand into derivatives trading but must first obtain separate VARA approval. Bybit reported five additional licenses and regulatory approvals across international markets during 2026. Dubai continues licensing digital asset firms, with Kraken’s parent Payward receiving full regulatory approval. […]

NEAR slips below $5 despite $5.42m ETF inflow

NEAR slips below $5 despite $5.42m ETF inflow

Key takeaways NEAR fell 7% on Tuesday to around $4.70, extending Monday’s decline. Bitwise’s NEAR ETF attracted $5.42 million on Monday after three consecutive weeks of inflows. Resistance near $5.02 must be reclaimed to strengthen the recovery outlook. NEAR retreats despite continued ETF buying NEAR Protocol declined by over 7% on Tuesday, following a similar […]

Bitcoin holds near $83k as easing bearish momentum puts $89,337 in focus

Bitcoin holds near $83k as easing bearish momentum puts $89,337 in focus

Key takeaways Bitcoin traded around $82,800 on Wednesday, maintaining gains from the previous session. BTC remains above its 50-day and 200-day EMAs, supporting a constructive technical backdrop. Support lies at $80,769, with deeper levels at $77,862 and $76,090. Bitcoin stabilizes after bullish daily close Bitcoin held near $82,800 on Wednesday after a modest recovery the […]

Circle Targets Emerging Markets With $400M Tazapay Acquisition

Circle Targets Emerging Markets With $400M Tazapay Acquisition

TLDR: Circle plans to enter about 40 emerging markets as demand for digital-dollar payments grows across developing economies worldwide. The proposed $400 million Tazapay stock deal would add local payout connections across more than 100 markets, pending a 2027 closing. First-half revenue and reserve income reached $1.395 billion, while distribution, transaction and other costs totaled […]

WLFI Staking Locks 54.18 Million Tokens in Its First Two Weeks representing 0.17 Percent of Circulating Supply

WLFI Staking Locks 54.18 Million Tokens in Its First Two Weeks representing 0.17 Percent of Circulating Supply

World Liberty Financial’s WLFI staking dashboard displays 54.18 million tokens locked, whereas Jupiter registers over one billion JUP staked. At first glance, the first figure looks modest while the second appears massive. Neither number carries much meaning, however, until each is evaluated relative to its actual circulating supply. Comparing Two Distinct Staking Programs and Terms […]

XRP rebounds from $1.32 as Standard Chartered adds RLUSD custody

XRP rebounds from $1.32 as Standard Chartered adds RLUSD custody

Key takeaways XRP bounced from $1.32 following news of Standard Chartered’s involvement in an RLUSD custody arrangement. The deal with Ripple and LMAX would allow institutional clients to place RLUSD with the bank. XRP ETFs have attracted around $12 million this month, pointing to substantially weaker inflows than September. XRP rebounded from support at $1.32 […]

KuCoin Nigeria secures conditional entry into SEC Nigeria’s ARIP

KuCoin Nigeria secures conditional entry into SEC Nigeria’s ARIP

KuCoin Nigeria wins conditional SEC approval to enter regulatory incubation. Approval does not allow KuCoin Nigeria to launch services or onboard users. KuCoin says Nigeria move forms part of its wider global compliance strategy. KuCoin Nigeria has received conditional Approval-in-Principle from Nigeria’s Securities and Exchange Commission for admission into the regulator’s Accelerated Regulatory Incubation Programme, […]

UK Targets Crypto Payment Networks as Russia Sanctions Expand

UK Targets Crypto Payment Networks as Russia Sanctions Expand

TLDR The UK sanctioned three cryptocurrency exchanges and two payment platforms over suspected Russian financial links. The October 8 sanctions package includes 38 new designations targeting financial networks, oil companies and suppliers. British authorities linked two targeted businesses to transactions involving the Russia-backed A7 network. The A7 network claimed to have processed more than $90 […]